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Ganfann

GBPUSD - SHORTConsider the formation of South Impulse from Major Resistance Level. Sell on a false breakout! The target is Major Support Level. GBPUSD - SHORT ENTRY PRICE - 1.14700 SL - 1.16600 TP - 1.08400 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Short
by Profit_Trader
MIR-MIRROR PROTOCOL-USDT LONGHello!👋😄 Short little idea on MIRROR protocol token..🐶 We have been trading inside of a horizontal channel for a little bit here, that seems to have stemmed from a larger, almost symmetrical triangle▶. We are almost to the end of this structure and you know what that means!! Let's take a look. 👀🧐🔍😄⏬⏬ Mirror(MIR) or mAssets protocol was developed by TERRA LUNA, and is used for staking, mining and is the only protocol that tracks prices from oracles of real time stock prices and delivers the information to fungible tokens, smart contracts etc.. MIR is also used for exchange trading funds ETFs🤞💲 LUNA has been performing very well lately, I assume MIR will do the same, as it is rapidly growing and has many good rewards that it gives to it's investors who stake on liquidity pools via TERRA/LUNA🌚🌒, ETH💲 and UNISWAP🦄 blockchains. This token will be correlational to ETH and LUNA to a certain degree 🛑This is not financial advice, please always use a stop loss!!🛑👌 Any thoughts 💭🤔, questions🙋‍♀️🙋‍♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you! Jazerbay💕
MLong
by jazerbay
16
RESISTANCE ON WEEKLY & REJECTED 0.786 fibonacci ($11,730) -Yurlo Good afternoon traders and investors, Please hit the like button for me 👍 Today I've decided to make a technical analysis on the weekly chart. As you can see there's 3 visible resistance levels (bodies) that Bitcoin is currently facing at $11,400. We've also almost PERFECTLY wicked to the 0.786 fibonacci level ($11,730), where price action rejected rather quickly not giving traders the chance to short this area. Hypothetically, if we we're to reject from 0.786 fibonacci level we'd then be headed to retest 0.618 fibonacci level, which is located at $10,014. We've also got a cme gap still hovering around the $9600 level. Beneath that is $9200 support, and then we have the 0.5 fibonacci level, which is located at the $8800 level. $8500 is support below, then $8100, $7850, $7100, and if we ever had a crash like March I'd target $6250 from where I'd start accumulating my next long position for the bull run in 2021. OR we keep going up regardless of being at resistance on the weekly chart. If this were to happen s/r would be flipped and we'd hypothetically speaking pump to 1 fibonacci level, which is located at $13,916. If buyers want to see higher levels they better push through $11,700 soon otherwise I'd expect downside considering we're at weekly resistance and if we see a rejection it'll likely be violent considering it would be a higher timeframe (htf) move. $13,916 or $9250? I'm bearish in terms of bias ~ invalidation point: $10,825. If we break this level I'll be looking to buy every dip all the way to ATH's and beyond throughout 2020/2021. OTHERWISE, I'll buy low ~ or buy the "crash" which 2020 could see one in comparison to the 1915 stock market crash. The feds have created 22% of every american dollar in 2020 and they can't hold this thing up forever. The markets need a clean RESET button (its been YEARS) and would be a perfect time for digital currency to thrive in coming years. Time will paint this narrative.
BYBIT:BTCUSD.PShort
by Yurlo
6
BTCUSD: Possible Long Term Trend ChangeThe chart below describes the scenario where BTC broke down outside of the bullish Gann Fan starting right before the bullish impulse in February. Take note of the Cyan Gann Fan's lower bound. That Cyan Gann Fan starts at the initial bullish impulse in February and that fan lower bound holding support confirms that this move is a long term bullish trend change rather than a bearish relief rally. If the price can break above the Gann fan's 4/1 bound at $8600; since we have no resistance after $8600 till $9400, we could very easily see incredible price action following a break of $8600. The cryptocurrency community's social media and search activity appear to be similar to the 10/2016 - 2/2017 cryptocurrency community's online activity. The single bearish indicator would be contrarian of the market sentiment. At the moment, the sentiment of the cryptocurrency community, including most successful Bitcoin Analysts, is extremely bullish.
BITSTAMP:BTCUSDLong
by Oatrick